Dell Technologies Inc. (NYSE:DELL)

The analysis of the financial data reveals several noteworthy trends and fluctuations over the periods evaluated.

Net Income

There is a fluctuating trend in net income, with a peak at 5,707 million US$ in January 2022, followed by a significant decline to 2,422 million US$ in February 2023. Afterwards, net income shows a recovery trend, increasing to 4,576 million US$ by January 2025.

Foreign Currency Translation Adjustments

This item exhibits volatility, with negative values in most periods except January 2021, where there is a positive adjustment of 528 million US$. The trend lacks a clear pattern, alternating between negative and positive values.

Change in Unrealized Gains (Losses)

The values fluctuate notably, with a negative figure of -200 million US$ in January 2021 contrasting with positive spikes in subsequent years (374 million US$ in 2022, 354 million US$ in 2023). A noticeable decrease occurs in 2024, before rising again in 2025.

Reclassification Adjustment for Net (Gains) Losses Included in Net Income (Loss)

The adjustments show substantial variability without a steady trend, including a large negative value in February 2023 (-705 million US$) and alternating positive and negative figures in other periods.

Net Change in Cash Flow Hedges

This item shows pronounced fluctuations, including a positive value in 2020, significant declines into negative territory in 2021 and 2023, and recoveries to positive amounts in 2024 and 2025. The volatility suggests sensitivity to market conditions affecting hedging activities.

Recognition and Reclassification of Actuarial Net Gains (Losses) from Pension and Other Postretirement Plans

The recognized actuarial gains (losses) exhibit small values with a general trend of moving from negative in early periods to slightly positive then stabilizing. Reclassification adjustments remain minimal, indicating limited impact on overall comprehensive income from these items.

Other Comprehensive Income (Loss), Net of Tax

This item is notably volatile, experiencing a large negative swing of -571 million US$ in 2023, contrasting with positive values in 2021 and 2024. The data indicate significant variability in other comprehensive income items affecting overall financial performance.

Comprehensive Income, Net of Tax

Comprehensive income broadly follows the net income pattern but with lower magnitude in declines. A peak occurs in January 2022 at 5,582 million US$, followed by a drop to 1,851 million US$ in 2023, with a rebound evident through 2024 and 2025.

Comprehensive (Income) Loss Attributable to Non-Controlling Interests

The influence of non-controlling interests diminishes over time, with negative contributions sharply reducing from -913 million US$ in 2020 to near zero and slight positive values from 2023 onward, indicating reduced impact on comprehensive income.

Comprehensive Income Attributable to Dell Technologies Inc.

This figure closely mirrors comprehensive income net of tax but adjusted for non-controlling interests. The trend demonstrates resilience with some fluctuations, peaking in early periods and rebounding strongly after the dip in 2023, reaching 4,453 million US$ by 2025.

Overall, the data reflect significant variability in income and comprehensive income indicators over the periods reviewed, with recovery trends evident after the lows recorded in 2023. Fluctuations in currency translation adjustments, unrealized gains, and hedging activities contribute to volatility, while the impact from non-controlling interests lessens in recent periods. These patterns suggest a dynamic operating environment influencing reported financial results.